11 Bit Studios SA (11B) AI Stock Analysis

• Market Cap: zł322.21M
• Dividend Yield: N/A
• Average Volume (3M): 8.15K
• Price to Earnings (P/E): 8.5
• Beta (1Y): 0.64
• Revenue Growth: 186.70%
• EPS Growth: N/A
• Country: PL
• Employees: 294
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): 5.58
• Shares Outstanding: 2,417,199
• 10 Day Avg. Volume: 8,925
• 30 Day Avg. Volume: 8,151
• PEG Ratio: 0.05
• Price to Book (P/B): 1.79
• Price to Sales (P/S): 2.93
• P/FCF Ratio: 275.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 12.69
• Revenue Forecast (FY): zł106.04M

• Rating: 53 Neutral
• Price Target: zł182.00 ▲(26.39% Upside)
• Action: N/A Date: 09/14/25
• Date: Action: N/A 09/14/25

The overall score of 53 for 11 Bit Studios SA is primarily driven by mixed financial performance, with strong revenue growth and balance sheet stability offset by significant cash flow weaknesses. Valuation concerns due to a high P/E ratio further temper the score, while limited technical data provides no clear bullish or bearish signal. Investors should closely monitor liquidity risks as a key concern.

Positive Factors

Revenue Growth

Consistent revenue growth indicates successful product offerings and market expansion, supporting long-term business sustainability.

Negative Factors

Cash Flow Challenges

Persistent cash flow issues can hinder the company's ability to fund operations and growth initiatives, impacting long-term financial health.

11 Bit Studios SA Business Overview & Revenue Model

Company Description

11 bit studios S.A. develops and sells cross-platform video games worldwide. It sells its video games through specialized online platforms. 11 bit studios S.A. was incorporated in 2009 and is headquartered in Warsaw, Poland....

How the Company Makes Money

11 Bit Studios generates revenue through the sale of its video games across multiple platforms, including PC, consoles, and mobile devices. The company employs a direct sales model through digital distribution platforms like Steam, PlayStation Net...

Read more

11 Bit Studios generates revenue through the sale of its video games across multiple platforms, including PC, consoles, and mobile devices. The company employs a direct sales model through digital distribution platforms like Steam, PlayStation Net...

11 Bit Studios SA Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Dec 2022	Dec 2021	Mar 2021
Income Statement
Total Revenue	135.20M	140.55M	52.27M	74.21M	70.12M	87.10M
Gross Profit	106.24M	69.96M	42.40M	73.56M	69.59M	86.75M
EBITDA	13.52M	20.32M	4.50M	33.60M	40.88M	42.62M
Net Income	-18.68M	6.90M	525.61K	22.89M	28.69M	37.36M
Balance Sheet
Total Assets	282.02M	263.57M	258.33M	244.20M	219.51M	186.34M
Cash, Cash Equivalents and Short-Term Investments	71.23M	70.52M	53.84M	85.98M	107.22M	94.07M
Total Debt	4.86M	5.80M	7.17M	8.43M	9.59M	11.20M
Total Liabilities	30.57M	33.65M	31.26M	19.65M	22.18M	21.69M
Stockholders Equity	251.45M	229.92M	227.07M	224.54M	197.34M	164.65M
Cash Flow
Free Cash Flow	28.71M	1.49M	-36.91M	-12.75M	12.06M	7.91M
Operating Cash Flow	10.14M	10.12M	21.90M	32.93M	40.94M	37.66M
Investing Cash Flow	27.44M	21.40M	-16.21M	-28.84M	-37.40M	-34.42M
Financing Cash Flow	-1.48M	-1.79M	2.33M	-252.63K	-927.52K	6.01M

11 Bit Studios SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 144.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PL:11B, the sentiment is Negative. The current price of 144 is above the 20-day moving average (MA) of 137.26, above the 50-day MA of 141.59, and below the 200-day MA of 168.93, indicating a bearish trend. The MACD of -1.55 indicates Negative momentum. The RSI at 41.47 is Neutral, neither overbought nor oversold. The STOCH value of 36.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PL:11B.

11 Bit Studios SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRJ	67 Neutral	zł437.80M	17.05	14.89%	2.81%	-6.86%	55.35%
TEN	67 Neutral	zł668.46M	7.63	36.49%	18.06%	-10.29%	28.76%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
BLO	57 Neutral	zł468.15M	3.38	36.90%	―	―	―
11B	53 Neutral	zł322.21M	8.49	-6.95%	―	186.70%	―
CIG	45 Neutral	zł542.90M	-14.94	-4.82%	―	-77.36%	-99.33%